Definition of 'unearned income'. unearned income (ÊnÉËÊ³nd ÉªÅkÊm ) Unearned income is money that people gain from interest or profit from property or investment, rather than money that they earn from a job. Reduction in the tax on unearned income could be a boost for small businesses.
Email Print Text Size. President Obamaâs trusted senior advisor, Valerie Jarrett, was a key player in the effort to cover up that Attorney General Eric Holder lied to Congress about the Fast and Furious scandal, according to public records obtained by Judicial Watch.
The Fast and Furious operation started in October 2009, about 10 months into Obamaâs first term. Under the program, federal agents based in Arizona allowed straw buyers to buy guns in the United States and cross into Mexico so the weapons could be traced to, in theory, high-level drug cartel members.